Advanced - How To Invest In Tax Delinquent Properties
A step-by-step self-study training for investing in Tax Delinquent Properties in the Philippines
(Sorry, this training is not available to the public at this time)
This is part of the "How to buy foreclosed properties (that are profitable)" training bundle
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The focus of this training is with investing in tax delinquent properties that can earn up to 2% interest per month for up to 12 months, which results in up to 24% interest in total.
The aim is to only invest in tax delinquent properties that are most likely to be redeemed by the delinquent property owner.
We believe this is a better, safer, and a win-win-win investing strategy because all parties will end up happy (the local government gets their funds faster, the investor earns interest, and the property owner does not lose their property
This is a self-study training which you can go through at you own pace.
Your Instructor
People encounter problems and challenges when buying real estate, more so with foreclosed properties.
I encountered a lot of those problems when I started investing in foreclosed properties myself. Thanks to patience and a lot of help from mentors and friends, I was able to overcome the challenges I encountered.
To help other beginning real estate investors, I started the blog ForeclosurePhilippines.com in 2008 to share my lessons learned and how to overcome challenges people face with foreclosed real estate investing in the Philippines.
I also used the blog as a tool to help me compile all foreclosed property listings I found for easy reference. I actually found my first successful real estate deal in a listing I shared on the blog!
Little did I know that the blog will be a big help to others who are just starting with real estate because of what I was sharing
Call me a nerd, but I really like to make things work, I document what works and what doesn't... and this is exactly what I've been doing with real estate, which I publish on the blog.
After several successful deals, I was able to quit my job as the I.T. Manager of a multinational company to focus on real estate full-time, and I have been documenting my real estate journey ever since.
It is my hope that by sharing what I have learned, I will be able to help guide fellow real estate investors out there who are on the same real estate investing journey.
I am also a PRC licensed Real Estate Broker with REB License # 3194.
Cherry Vi Castillo
My wife Cherry Castillo helps me when it comes to legal aspects and taxation of real estate, where she brings in here vast experience during her stay at SGV Inc.
She is a Licensed Real Estate Broker (PRC Real Estate Broker License No. 3187), and placed 4th in the March 2011 Real Estate Brokers Licensure Exam.
Cherry is also a Licensed Real Estate Appraiser (PRC Real Estate Appraiser License No. 6918) and placed 8th in the August 2015 Real Estate Appraisers Licensure Exam.
She's also a lawyer (Roll of Attorneys No. 55239), and CPA (PRC CPA License No. 0102054).